Pension reform and auto-enrolment
Around 600,000 people are expected to be automatically enrolled into a workplace pension by the end of the year under a new system that automatically diverts funds from their pay packet.
Auto-enrolment begins on 1 October 2012 and will mark …
Bank of Japan increases asset purchase programme
The Bank of Japan (BoJ) has extended its asset purchasing programme by 10 trillion yen ($126bn; £78bn), following similar moves by the Federal Reserve and the European Central Bank.
The move, aimed at boosting the Japanese economy, increases the overall …
Bankers’ Bonuses – the latest news
Despite a fall in bonuses paid in the finance and insurance industry, they remain noticeably higher than in any other area of the economy.
Of the £37 billion paid in bonuses across Great Britain in 2011/12, £13 billion was paid …
More train delays!
The deal to hand the West Coast Main Line rail franchise to First Group is to be delayed following a legal challenge by Virgin (the current operator).
Virgin has made an application for a judicial review of the decision to …
Virgin Trains takes West Coast Main Line court action
Virgin Trains has started court proceedings over the government’s decision to award a new franchise to rival transport company FirstGroup.
The move came hours before the Government was due to sign off a controversial deal giving responsibility for the route …